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Listed by Lucy Milivojevic • eXp Realty of Greater Los Angeles, Inc.
$ 1,900,000
Est. payment /mo
Active Under Contract
601 West 13th Street San Pedro, CA 90731
5,331 SqFt
UPDATED:
Key Details
Property Type Single Family Home
Sub Type Apartment
Listing Status Active Under Contract
Purchase Type For Sale
Square Footage 5,331 sqft
Price per Sqft $356
MLS Listing ID SB-25125861
Year Built 1921
Lot Size 9,004 Sqft
Property Sub-Type Apartment
Property Description
An opportunity to acquire an 11-unit building on a large corner lot. Originally 10 units, the property includes an Accessory Dwelling Unit (ADU), enhancing both income and value. The grounds have secured gates for privacy, and most units have received interior upgrades. Significant upside in rental income, attractive Gross Rent Multiplier (GRM) and Cap rate. This is an exceptional investment opportunity in the heart of San Pedro, just moments from schools, shops, restaurants, and freeway access. Also nearby is the waterfront promenade and 42-acre West Harbor project featuring waterfront dining, retail and fresh markets, waterside recreation and outdoor amphitheater. A great investment in a growing coastal community.
Location
State CA
County Los Angeles
Area 185 - Plaza
Zoning LARD1.5
Interior
Heating Wall Furnace
Fireplaces Type None
Laundry Community, Individual Room
Exterior
Parking Features Gated
Pool None
Community Features Curbs, Sidewalks
View Y/N No
View None
Building
Lot Description 11-15 Units/Acre
Sewer Public Sewer